What HUD offices serve West Reading, Pennsylvania?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near West Reading.
How many renters live in West Reading, Pennsylvania?
The City of West Reading has people living in households.
There are renters living in renter households in this City. Renters make up 42.73 percent of the population living in West Reading.
What is the rental market like in West Reading, Pennsylvania?
There are an estimated housing units in the West Reading area. Of these, units are rental homes, making up percent of the housing market. For every renter household in West Reading, Pennsylvania, there are 1.06 rental units.
What is the vacancy rate for rentals in West Reading?
The rental vacancy rate in West Reading is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in West Reading for each bedroom size?
Occupied Rental Units by Size in West Reading
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
18 | 262 | 417 | 144 | 60 |
Occupied Rental Units by Size in West Reading
A large number of apartments in West Reading have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in West Reading
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $895 to $1,758. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $895 |
One BR | $1,041 |
Two BR | $1,320 |
Three BR | $1,649 |
Four BR | $1,758 |
2024 Fair Market Rents in West Reading, Pennsylvania
How many units are rented at Fair Market Rent (FMR) in West Reading?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
Studio | 10 | 56 percent |
One BR | 140 | 53 percent |
Two BR | 253 | 61 percent |
Rental Units Below FMR in West Reading, Pennsylvania
How many affordable rental units are in West Reading?
Income Based Apartments in West Reading, Pennsylvania
West Reading features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in West Reading, Pennsylvania
There are 27 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Reading.
Housing Choice Vouchers in West Reading, Pennsylvania
On average, Section 8 Housing Choice vouchers pay West Reading landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in West Reading.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Reading, Pennsylvania for a two-bedroom apartment is between $1,188 and $1,452.
Sourced from federal housing data and AffordableHousingOnline.com research.